MTC : Earnings Recovery Intact and Undemanding Valuation
Maintain BUY with a lower target price of Bt43.00. Despite strong PPOP, net profit in 3Q22 was weak (flat YoY, -13% QoQ) on elevated provisions. We...
318 Views
MTC : Earnings Recovery Is Underway
We initiate coverage of MTC with a BUY rating and a target price of Bt54.00. We expect MTC’s net profit to rebound by 14% in 2022 and continue...
323 Views
Monthly Report - August 2022
We expect the SET Index to move up, with the support at 1,555/1,530 points and the resistance at 1,600/1,616 points, on the back of foreign...
298 Views
AUCT: Safe-Haven Stock in the Thai Market
We initiate coverage of AUCT with a BUY rating, based on a target price of Bt11.5, which is derived from 24xPE’20E, in line with the valuation of...
534 Views